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    590 Dover Center Rd Bay Village, OH 44140

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    For Sale
    $990,000

    Freestanding retail building at signalized corner with ample parking.

    Property size:
    4,327 SF
    Lot size:
    0.37 Acres

    Property Features for 590 Dover Center Rd

    General Information

    Size
    4,327 SF
    Lot size
    0.37 Acres

    Source: Passov Real Estate Group Agent Hanna Trolli

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Retail Building For Sale

    This freestanding retail building, constructed in 1958 with additions in 1998, is situated on a 0.54-acre lot at a signalized corner, offering access from Dover Center Road and W. Oviatt Rd. The building includes a first floor of 3,760 square feet and a 567 square foot mezzanine, totaling 4,327 square feet. It benefits from abundant parking located behind the building. The property is zoned for general retail use. The surrounding area has a population of 134,292 within a 5-mile radius and an average household income of $143,355. The parcel numbers are 203-11-011 and 203-11-012. A lease option is available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bay Village
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.9212987
    Latitude
    41.4790952

    FAQs

    What type of property is this?
    Retail space - Freestanding retail building at signalized corner with ample parking.
    Where is this retail space located?
    The property is located at 590 Dover Center Rd Bay Village, OH.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: - Excellent demographics: population of 134,292 within 5 miles and average household income of $143,355; - Signalized corner location with access from Dover Center Road and W. Oviatt Rd; - Freestanding building at a signalized intersection
    (440) 752-8624
    Request Owner's contact information
    590 Dover Center Rd Bay Village, OH 44140
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    Bay Village, OH 44140
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    590 Dover Center Rd Bay Village, OH 44140
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